Corporate hybrid fragility on show as S&P strips credit
Standard & Poor’s infuriated corporate issuers and hybrid capital bankers this week by stripping the equity credit it had assigned to 29 corporate hybrid issues, in some cases only a few months ago.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts